Financial Development, Remittances, and Real Exchange Rate Appreciation
For developing countries, remittances are an important and expanding source of capital, equivalent to two-thirds of overall foreign direct investment and nearly 2 percent of gross domestic product. This article examines the relationship between remittance inflows, financial sector development, and t...
| Main Authors: | , , |
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| Format: | Journal Article |
| Language: | EN |
| Published: |
2012
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10986/4797 |